2020
DOI: 10.1177/0008125620953639
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Blurring the Lines between Physical and Digital Spaces: Business Model Innovation in Retailing

Abstract: Traditional retail practices are under stress as retailers ponder various ways of setting up a sustainable omnichannel business model. A significant challenge in their endeavor relates to the blurring lines between physical and digital worlds. This article analyzes three retailers’ exploratory efforts of alternative physical retail spaces. There are five key innovation areas to revamp for such a retail store: in-store technology, the role of sales associates, leveraging a mobile channel, data analytics, and co… Show more

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Cited by 55 publications
(32 citation statements)
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“…11 greatest attention and investment to services, in particular click and collect and mobile applications across offline and online channels, rather than in-store technologies. This reinforces the importance of connecting digital and physical spaces to improve the customer shopping journey (Hoyer et al, 2020;Jocevski, 2020) In terms of actual types of technologies, retailers are tending to focus on those that drive information and convenience rather than customer experience.…”
Section: Fashion Retailer Innovation Adoptersmentioning
confidence: 97%
“…11 greatest attention and investment to services, in particular click and collect and mobile applications across offline and online channels, rather than in-store technologies. This reinforces the importance of connecting digital and physical spaces to improve the customer shopping journey (Hoyer et al, 2020;Jocevski, 2020) In terms of actual types of technologies, retailers are tending to focus on those that drive information and convenience rather than customer experience.…”
Section: Fashion Retailer Innovation Adoptersmentioning
confidence: 97%
“…Digital transformation profoundly changed the way firms innovate and secure competitiveness (Hanelt et al, 2020;Nambisan et al, 2019;Yoo et al, 2012). For instance, digital technologies such as the Industrial Internet of Things (IIoT) have allowed firms to make products and services smarter (Kiel et al, 2017;Porter and Heppelmann, 2014;Raff et al, 2020), blur the lines between physical products and digital services (Hanelt et al, 2020;Jocevski, 2020) and unlock vast innovation opportunities (Lanzolla et al, 2020). Yet, to reach the full potential of digital transformation, firms need to adopt digital platforms (Parker et al, 2016;Sandebrg et al, 2020).…”
Section: Introductionmentioning
confidence: 99%
“…BDA, using advanced analytical and computing techniques to synthesize large and heterogeneous data sets, can provide various descriptive, predictive and prescriptive analyses (Brinch, 2018). They, (a) on the consumer side, help the omni-channel retailing understand the market trends, preferences, and behavior at the segment, channel, and even individual consumer level (Jocevski, 2020), and (b) on the business side, support the omni-channel complex decisions and actions around when and where to order, make, hold and move the products (Wamba and Akter, 2019).…”
Section: Idt Applications and Omni-channel Research Gapsmentioning
confidence: 99%